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Non-Tech : GTECH Holdings Corporation (GTK)
GTK 4.5800.0%Apr 2 5:00 PM EST

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From: JakeStraw4/18/2005 10:18:47 AM
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GTECH to Supply 2,400 Instant Ticket Vending Machines (ITVMs) for the Pennsylvania Lottery
biz.yahoo.com

Monday April 18, 9:00 am ET

WEST GREENWICH, R.I., April 18 /PRNewswire-FirstCall/ -- GTECH Holdings Corporation today announced that its wholly-owned subsidiary, GTECH Corporation, has received an order for 2,400 Instant Ticket Vending Machine (ITVM) from Scientific Games Corporation, who will, in turn, lease the ITVMs to the Pennsylvania Lottery and provide ongoing services. The new 24- bin Expandable Dispensing System Quad Burster(TM) (EDS-Q) ITVMs are scheduled for delivery beginning in May of this year. The majority of the 2,400 ITVMs will replace machines already in the field with the remainder being placed in new locations. GTECH expects to receive approximately $22 million in revenue from the sale of these machines.
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